I wrote a couple of posts about this a while back
http://stakeventures.com/articles/2005/06/01/legal-structure...
http://stakeventures.com/articles/2006/02/13/why-the-llc-is-...
This post explains why it might not be a good idea and why an S-corp might be a better choice:
http://www.rothcpa.com/archives/001617.php
I wrote a couple of posts about this a while back
http://stakeventures.com/articles/2005/06/01/legal-structure...
http://stakeventures.com/articles/2006/02/13/why-the-llc-is-...
This post explains why it might not be a good idea and why an S-corp might be a better choice:
http://www.rothcpa.com/archives/001617.php